BUY LT 1420 CALL @ 40
TGT 60/80
BUY BANKNIFTY 30000 PUT 4 APRIL @ 111 TGT 140/195
Accelerating April!!!!
It was a fantastic start of the new financial year 2020. Nifty showcased an
enthusiastic performance on 1st day of April month. After enjoying a
fantastic rally and taking, the market ended at highest levels for the calendar
year. The Sensex touched a record high of 39115 during the day & closed at
38837, while Nifty also closed above 11650 level at 11655.
The nifty is all set to
head towards its lifetime high of 11900 and take an aim at 12000 in this
pre-election rally. We continue with our optimistic stance and sooner or later,
expect the index to head towards its record high. For the coming session, 11800
followed by 11850 has become a sturdy wall now and on the flipside we do not
expect the Nifty to breach and sustain below the sacrosanct level of 11500.
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Resistance: 11850, 11900, 12000
Support: 11500, 11400, 11300
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